Day: December 5, 2024

Mt. Gox moves 24,000 BTC following Bitcoin’s $100K milestone

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Just as Bitcoin surpassed the highly coveted $100,000 mark, defunct crypto exchange Mt. Gox moved roughly $2.47 billion worth of the cryptocurrency to an unknown wallet. According to Arkham Intelligence, a Mt. Gox wallet identified as “1F…RT” transferred over 24,000 BTC to an unknown wallet starting with “1N7j” at 2:45 am UTC on Dec. 5, where the funds currently remain. While the exact reason for moving over $2 billion worth of BTC from the Mt. Gox wallet remains unclear, similar transactions in the past were shortly followed by payouts to…

The Journey Towards $100K and Beyond Begins?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Bitcoin ETFs record fifth straight day of inflows

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U.S. spot Bitcoin exchange-traded funds saw their fifth consecutive day of inflows on Dec. 4 as Bitcoin surged past $100,000 to a new all-time high, driven by optimism over a favorable regulatory outlook under President-elect Donald Trump. According to data from SoSoValue, U.S. spot Bitcoin ETFs recorded their fifth consecutive day of inflows on Wednesday, bringing the total net inflows over the streak to over $2 billion. On that day alone, 12 spot Bitcoin ETFs collectively garnered $556.82 million in investments. BlackRock’s IBIT ETF emerged as the frontrunner, attracting $571.71…

No Sweat! Dogecoin Will Hit $5 ‘Very Easy’ In 2025 – Analyst

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Dogecoin (DOGE), a cryptocurrency that has gained popularity and surpassed $60 billion in market capitalization, is once again attracting attention. While the year got off to a shaky start for DOGE, it has since seen a significant upswing. DOGE has mostly consolidated at $0.40, which begs some questions about whether its moment of glory has vanished. Recent research, however, points the other way, with specialists looking at possible price levels that would inspire DOGE aficionados once more. Technical Support Points Toward Development Important technical indications have helped to propel the…

XRP market cap turn down as the price shrink 12% in a day

XRP hit the market with hundreds of per cent of growth and made it enter the top 3 cryptocurrencies in the world after Bitcoin and Ethereum, but not today anymore. Ripple Labs’s popular token XRP (XRP) has seen a major decrease of 12% to $127 billion in market capitalization in just a day of trading. In contrast, this token became the most trending coin of November after surging 344% in a month, outperforming Bitcoin (BTC) by just 44% in the same period. 1 Hour XRP price chart, December 05, 2024…

Dogecoin (DOGE) Bounces Back: Is a New Rally Brewing?

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Dogecoin is gaining pace above the $0.4250 support against the US Dollar. DOGE is trading in a bullish zone and might soon surpass the $0.4650 resistance. DOGE price started a fresh increase above the $0.420 level. The price is trading above the $0.4250 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.4150 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another rally if it clears the $0.450 and $0.4650 resistance…

Cryptocurrency Pioneer Bitcoin Taps $100,000

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Bitcoin (BTC), the first and leading cryptocurrency, has crossed the $100,000 threshold, marking a pivotal moment in its 15-year history. From Pennies to $100,000: Bitcoin’s Remarkable Evolution Since its inception in 2009, bitcoin has seen dramatic price fluctuations and a steady rise in adoption. Initially traded for less than a penny, bitcoin’s value journey has […] Original

Bitcoin Next Move? Coinbase Premium Suggests a Short-Term Rally May Be Brewing

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

XRP Price Revisits Key Level: Will The Bulls Return?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…